Eve Air Mobility said it has secured $150 million in debt financing from a syndicate of financial institutions. The five-year loan included Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group, underscoring strong market confidence in Eve’s vision and long-term strategy.
“This successful debt raise represents a significant milestone for Eve and a strong endorsement of our leadership in shaping the future of urban air mobility,” said Eduardo Couto, chief financial officer at Eve Air Mobility. “The confidence of large banks reinforces our commitment to delivering a fully integrated eVTOL ecosystem. This financing provides long-term resources necessary to accelerate development, advance certification, and execute our strategic roadmap through 2028 and beyond.”
The proceeds will support Eve’s research and development, including the integration of its eVTOL aircraft into a comprehensive urban air mobility ecosystem. This funding accelerates technological progress and strengthens partnerships with infrastructure providers and regulatory bodies. With these resources, the Company can advance aircraft certification and commercialisation while ensuring compliance with global aviation standards. This transaction enhances Eve’s capacity to meet rising global demand for sustainable, low-emission transportation and enables scalable operations in key urban markets.
With this transaction, Eve’s total funding now reaches $1.2 billion, reaffirming its status as one of the best-capitalised companies in the emerging eVTOL market.
The company recently completed the first flight of its full-scale engineering prototype at Embraer’s test facility in Brazil, marking a critical step toward commercialisation. This successful hover validates key systems, including fly-by-wire controls and energy management, and initiates a robust test campaign planned for 2026.
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